LCL lcl resources limited

Ann: Quinchia Gold Project (Colombia) Update, page-40

  1. 2,110 Posts.
    lightbulb Created with Sketch. 453
    LCL Resources have disappointed and made multiple bad decisions as I mentioned right here. Most explorers are can be found at 52wl.

    I can see how disappointed you were and don't believe in it. Fair enough. Stay clear.

    However, they have over $2.5M cash and a 2.6moz shovel ready project with a lot of potential. There is value there for a developer or producer.

    Collective mining don't even think have MRE for their deposit and managed to attracted a shareholder with $18M.

    It just go to show what a bad decision was the switch and abandoning Colombian projects. Those are my thoughts.

    Management FINALLY comes and update the market they RECEIVED THE FOREST PERMIT.

    Massive step to de-risk the project.

    Unfortunately, management did an AWFUL JOB in promoting their Colombian projects.

    Which I always wondered why?

    I am happy they have finally signal they will go back into their core and valuable asset.

    Clearly unloved and laughed at... But there is potential for a massive rerate but least see if management can better sell their projects and change some minds.



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.7¢
Change
0.001(8.33%)
Mkt cap ! $7.795M
Open High Low Value Volume
0.6¢ 0.7¢ 0.6¢ $535 85K

Buyers (Bids)

No. Vol. Price($)
1 392961 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 5345880 8
View Market Depth
Last trade - 14.05pm 07/08/2025 (20 minute delay) ?
LCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.